How much should i charge on my secured credit card to get the best credit rating? - best credit
How should I collect my credit card guarantees for good credit score?
I can certainly up to $ 500 from my credit card and want to know how much should I provide my credit card the best credit rating. I have to build credit because I did not.
Saturday, January 16, 2010
Best Credit How Much Should I Charge On My Secured Credit Card To Get The Best Credit Rating?
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Not much. I would have paid at least $ 100 in her balance and only the minimum payment each month.
ReplyDeleteThe credit companies want to see that you can control the payment of bills in the month after month, without delay.
NEVER EVER ever more than $ 250 if your max is $ 500. But I would like to keep it under $ 100.
I told my neighbor, these guidelines to improve your score, and has dramatically better in six months.
I did this religiously for 10 years and have a 720 and not, he will pay the full amount every month, another person suggested. Help to ensure that the indicator can, but not to increase it.
Good luck!
In general, you should always use your debt to credit limit of 30% or less. So, if you limit a $ 500 to keep the balance below $ 150, and always make your payments on time. This applies whether you have insurance or not secured by credit card.
ReplyDeleteThe amount is not important because, under the limit. Paying the bill on time each month is important because each time is added to the payment to your credit score. But significantly, with each pay your credit score reduced much more than the payments on time.
ReplyDeleteHold down more than $ 100 - is more important than maintaining the availability of credit and pay monthly.
ReplyDeletedependent on how much is paid each month OT increase your credit score
ReplyDelete